Donald Mancini Blog Posts
As commercial real estate owners, you are not in the real estate investment business. You are in the presentation business. That's right, you're in the presentation business. All the value, all your return on income, all your return on investment, everything is dictated by the presentation of your property.
Most property owners focus most of their attention on revenue, but not enough on how to mitigating their expenses, such as reducing the cost of utilities, insurance, maintenance costs, and property management. By drilling down on these expenses and getting these costs to an absolute minimum, you will invariably improve the efficiency of running.